The most recent financial statements for Martin, Inc., are shown here: Income Statement Sales $28,000 Costs 16,800 Taxable income $11,200 Taxes (21%) 2,352 Net income $8,848 Balance Sheet Assets $114,800 Debt $60,000 Equity 54,800 Total $114,800 Total $114,800 Assets and costs are proportional to sales. Debt and equity are not. A dividend of $895 was paid, and Martin wishes to maintain a constant payout ratio. Next years sales are projected to be $33,040. What is the external financing needed? (Do not round intermediate calculations. Round your answer to 2 decimal places.)